Taku Liguey Group

The Taku Liguey solidarity group has been created at the launch of the Banc Villageois of Tobua Gueye to which this group belongs. The group is composed of 10 women from the same village. They all work as vendors.

Mrs. Déguène D. (standing to the far right in the photo) is the group’s leader. She is 23 years of age. She is married and the mother of five dependent children. She is a vendor. She sells millet and cashew nuts, shelled and roasted. She has a good experience selling millet and cashew nut, as she has been doing this for over five years. Her loan will allow her to purchase at least ten 50-kg bags of millets and nuts, which she is going to shell and roast before reselling at the market. Her goal is to be able to buy food (rice, oil, milk etc) for her family, and also have enough money to purchase medications should one of her family members fall ill.

Additional Information

About CAURIE Micro Finance

The mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.